Private Banking Operations Banking Sweeps Analyst - Wealth Management Operations
Location:
Salt Lake City , Utah
Posted:
October 13, 2016
Reference:
3078887
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.

Wealth Management Operations
Global Wealth Management Operations provides brokerage, investment and financial services to hundreds of thousands of individual investors. We apply our expertise in serving institutional clients to create new opportunities for people to achieve their personal financial goals. Morgan Stanley has one of the largest retail brokerage networks, with numerous worldwide representatives and retail locations. Our services are tailored to each client's investment objectives, risk tolerance, and financial needs. Products include mutual funds, stocks, bonds, and alternative investments where appropriate, as well as banking, mortgages, insurance and annuities.

The Private Banking Operations (PBO) department provides Operational processing support for banking products offered to Morgan Stanley clients. This role is for an Analyst in the Bank Deposit Program (BDP) Sweeps and Settlements Team of Private Banking Operations with expertise dealing with client escalations for sweeps and cash settlements, and processing daily fund trades and cash settlements. Responsibilities include researching and resolving complex sweep client escalations, completing daily manual trades, exception processing, and settlements, and supporting complex projects relating to sweep and cash settlement initiatives.

This role requires high attention to detail and working under strict deadlines to support the BDP sweep product, and PBO cash settlements for Morgan Stanley. Candidate will be able to meet deadlines, execute functions in a controlled environment, deliver superior client service, and assist with planning, testing, and implementing several high profile Banking projects.

Qualifications
Ability to quickly understand and analyze various aspects of interrelationships of the different internal Banking areas and systems
Ability to multitask, especially in high pressure situations
Time management and prioritization skills
Previous experience working within a customer service role
Detail oriented with the ability and desire to work in a team environment; as well as confidence to work independently
Superior analytical, critical thinking and decision making skills
Excellent written and verbal communication skills
Proficient working with Excel and PowerPoint
Bachelor's degree or equivalent in business, economics, marketing, or related field
Strong attention to detail, communication, influencing and interpersonal skills
An understanding of the client service Operations environment in a Brokerage business
1-3 years of analytical and/or banking experience
A little about us:
Since its founding in 1935, Morgan Stanley and its people have helped redefine the meaning of financial services.

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